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Logan
Hawkes
08/24/05
Crop News Weekly
While the kids head back to school this week in
most places across the country, many producers are reaching peak season
and keeping a close eye on the weather. My father used to say farmers
have long kept their feet in the dirt - but their eyes on the skies.
Times have changed of course, but I like thinking back to the day when
the weather - and insects - were our biggest worries on the farm. It may
not have been easier back then, but life was simple and largely
innocent. Crop diseases that blow in from the four corners of the world,
bio-terrorism, and genetically-modified politicians are sometimes a
little hard to take. Enough rambling about the past. Anyway, politicians
have always been the same.
This week we continue our journey through the world of agriculture with
a cart full of news stories, from dry summer conditions and corn yield
estimates to some new changes for the National Sorghum Association. Also
this week, under-professional lenders, Medfly prevention and rust fears
in Texas. And please take a moment to complete our special reader survey
at the end of this newsletter. It helps us to serve you better.
The plate is full this week, so slide up to the computer table and dig
in. Happy reading.

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U.S. corn
and bean crops suffer slippage
08/23/05
It's still too early to say for sure, but it looks
like dry weather has had a significant impact on U.S. corn and soybean
production. In its August 12 crop production report, USDA projected
lower average yields than last month for both crops. Many in the
business think the estimates still have room to decline. An example of
the latter: USDA plugged in a 139-bushel yield for U.S. corn yield, the
fourth highest August corn yield ever. "With crop conditions as of early
August estimated the second worst in 12 years, this suggests to me that
we are not going to reach those yields," said Richard Feltes, Refco,
Inc. - by Elton Robinson, Farm Press Daily

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Sorghum
producers approve name change
08/22/05
The National Sorghum Producers (NSP) has changed its
name, adopted a new governing structure and celebrated its 50th
anniversary. "As they say, it's all in a day's work," said NSP President
James Vorderstrasse of Hebron, Nebraska. Vorderstrasse said that the
name change from the National Grain Sorghum Producers to the National
Sorghum Producers recognizes the sustained growth of the forage segment
of the industry. "We made the change to recognize our ongoing commitment
and involvement to both grain and forage sorghum producers." - from
Southwest Farm Press

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separately registered products, offers corn growers superior protection
against a broad spectrum of early-season insect pests, as well as
enhanced disease protection against all four major fungal groups.
Cruiser Extreme Pak allows corn to get off to a fast, vigorous start,
resulting in enhanced yield potential.
Visit http://www.cruisercorn.com to
learn more.
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Over-banked
and under-professional
The Road Warrior of Agriculture writes: "A student at
a recent banking school stated that we are over-banked in many of our
agricultural and rural areas in America. Later, a farmer and rancher
panelist voiced his concern that lenders tend to be under-professional.
Wow, what a dilemma! Let's examine both sides of this coin." - by
Dave Kohl, The Corn & Soybean Digest

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Lure
helps keep Medfly out of U.S.
08/16/05
A lure developed by the Agricultural Research Service
and Suterra LLC is helping keep the Mediterranean fruit fly out of the
United States and giving other countries an effective, environmentally
friendly control method. The product, BioLure 3-Component Fruit Fly
Lure, is being commercialized by Suterra, which holds the exclusive
license for the ARS patents. Suterra is marketing it in the United
States, Spain, South Africa, Guatemala, Mexico and Peru. - from
Western Farm Press

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News from the Top of the
Hill
08/19/05
USDA Meat & Livestock Marketing Report - USDA
Grain Inspection and Stockyards Administration (GIPSA) have released an
interim report on the use of marketing arrangements in the meat and
livestock industries. The interim report describes different ways of
marketing livestock and meat and the reasons various types of marketing
arrangements are used. The interim study conclusions are:
"The livestock industry from farm to retailers is complex and
generally involves using a portfolio of marketing arrangements: cash
(spot) markets, marketing contracts, production contracts, and vertical
integration.
Overall, there is congruence between economic theory, past empirical
work, and discussions with industry participants on the reasons for
selecting marketing arrangements.
Industry structure and trends have strongly influenced the portfolio
of marketing arrangements in the cattle and beef industries.
A general trend is movement away from cash and spot markets toward
alternative marketing arrangements in the hog and pork industries with
unclear effects on producers, packers, and consumers.
The lamb industry continues to use primarily cash or spot markets
with little use of alternative marketing arrangements, except for
producer owned cooperatives.
Increased concentration and increased coordination with meat packers
characterize the downstream meat industries.
Use of alternative marketing arrangements provides clear benefits to
producers, packers, processors, and consumers that need to be weighed
against the possible disadvantages."
The final report is scheduled for 2006 which will include analyses of
the advantages and disadvantages of various marketing arrangements. The
interim report may be found at http://www.usda.gov/gipsa by
following the "marketing study" icon.
Australia Pork Case - Next week the Australian courts will hear
the Australian government's appeal of the earlier court decision against
the government's import risk assessment that allowed U.S. processed pork
to be imported. The United States has been shipping record levels of
processed pork since the government's decision last year to allow
imports. - by Scott Shearer, National Hog Farmer

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Soybean
rust fears premature in Texas
08/18/05
Brown spot, bacterial blight, bacterial pustule,
frogeye leaf spot and downy mildew all produce "rust-like" lesions on
soybean leaves. Diseases resembling Asian soybean rust have caused
concerns among Texas Panhandle producers in recent weeks. However, Tom
Allen, assistant research scientist and head of the Plant Disease
Diagnostic Laboratory with Texas Agricultural Experiment Station in
Amarillo, says Asian soybean rust has not yet spread to the Texas
Panhandle. "Also, we want to make sure everyone understands there is
only one kind of soybean rust. It is known as Asian soybean rust," Allen
says. - by Kay Ledbetter, Southwest Farm Press

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Guidebook
for specialty grains
Think you can do better than the price of No. 2
Yellow? Premiums earned by growing "value added" crops such as food corn
and other specialty grains can add to your bottom line. Earning that
premium, however, takes extra work, investment and knowledge.
For the knowledge part, Purdue University is offering a helpful resource
to get you started. "Grainsafe" is an online manual that guides
producers through the value-added-grain process. The manual contains
grain production and handling practices and related record-keeping
forms. - from Farm Industry News

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Over
half of U.S. farms have Internet access
A total of 51% of U.S. farms now have Internet access,
compared to 48% with Internet access in 2003. 58% of farms have access
to a computer in 2005, the same level as 2003. 55% of all U.S. farms own
or lease a computer, up slightly from 54% in 2003. Farms using computers
for their farm business increased one percent from 2003 to 31% in 2005.
It appears that computer usage, ownership, and Internet access on farms
are leveling off. In 2005, 79% of U.S. farms with sales and government
payments of $250,000 or more have access to a computer, 77% own or lease
a computer, 66% are using a computer for their farm business and 72%
have Internet access. - from The Corn & Soybean Digest

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Pioneer
Customers Can Access New Resource
Pioneer customers now have a new tool to quickly find
relevant information about crop management that can help their farming
operation. The AgronomyLink resource, available exclusively on the
Pioneer GrowingPoint Web site, offers articles, photos and studies from
Pioneer and public sources on a host of crop production topics. -
from The Corn & Soybean Digest

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CNW Reader
Survey
08/24/05
Invitation:
Will you do us a favor?
Please answer this brief survey to tell us more
about yourself. Your answers will remain confidential, and used only in
combination with all other responses. You will never be contacted as a
result of taking this survey - we'll use the information to ensure we're
providing the most relevant information for our readers. Thank you!

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of the Week

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Corn & Soybean Digest Market News

Richard A. Brock
Check out the latest corn and soybean market advice from
marketing guru Richard Brock by visiting cornandsoybeandigest.com

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